Article contents
The Use of Utility Functions for Investment Channel Choice in Defined Contribution Retirement Funds. I: Defence
Published online by Cambridge University Press: 10 June 2011
Abstract
This paper addresses the use of expected utility theory for the recommendation of an apportionment between investment channels of a member's interest in a defined contribution retirement fund. Such usage is defended against arguments that have been levelled against expected utility theory and empirical evidence is discussed.
Keywords
- Type
- Sessional meetings: papers and abstracts of discussions
- Information
- Copyright
- Copyright © Institute and Faculty of Actuaries 2003
References
- 6
- Cited by